The pair made some positive attempts to get back again near 1.5950, while our preferred bullish trend expectations continue for today unless 1.5900 was breached.

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Neutral

The pair trades within a very narrow range since morning affected by the US market holiday, which makes our morning suggested scenario remains valid as it is without any change.

Expected trading range for today is between: 1.2700 support and 1.3000 resistance.

Expected trend for today: Bullish

The pair is settled with clear positive bias to breach 105.50 and settles higher around 106.00 to make the waited target during the near period around 107.30 followed by 108.90

Stability within the bullish channel as shown in the attached chart makes us expect more bullishness reaching to the announced targets, but be aware that Stochastic is attempting to surpass the overbought levels so we will witness some correction moves nearly.

Expected trading range for today is between: 105.50 and 107.30

Expected trend for today: Bullish

The pair moved noticeably higher yesterday reaching the waited target at 131.80 to settle bullishly without achieving any correction until now.

We expect continuing the bullish bias to reach the last target around 133.15 which is considered the top line for the bullish channel as shown at the chart, but a correction must be done before reaching the waited target level which conditioned by Stochastic entering the overbought levels and creating a reversal in the current wave.

Expected trading range for today is between: 130.70 and 133.15

Expected trend for today: Bullish